In order to maintain the price line a trader allows a discount of 10% on the marked price of goids in his shop.however he still makes a gross profit of 17% .find profit% he would have made on selling price.
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the CP be 100
gain% =17%
gain = gain %/100 *100
=17/100*100
gain=17
Sp-Cp=gain
sp-100=17
SP=17+100
SP=117
discount= 10% of MP
let MP be x
10/100x=1/10x
discount =1/10x
SP=MP-discount
117=x-1x/10
10x/10 - 1x/10=117
9x/10=117
9x=117*10
x=1170/9
x=MP=130
MP-CP=difference between both
130-100= 30
convert the difference into percent
difference/CP*100
30/100*100
30%
therefore, the MP is 30% above the CP.
HOPE IT HELPS YOU ANYWAY ...
WISH YOU A WONDERFUL DAY AHEAD
#THANK_YOU_SO_MUCH_
❇️✴️✨⭐♥️
HEYA I HAVE SOMETHING FOR YOU
HOPE IT FITS YOU
the CP be 100
gain% =17%
gain = gain %/100 *100
=17/100*100
gain=17
Sp-Cp=gain
sp-100=17
SP=17+100
SP=117
discount= 10% of MP
let MP be x
10/100x=1/10x
discount =1/10x
SP=MP-discount
117=x-1x/10
10x/10 - 1x/10=117
9x/10=117
9x=117*10
x=1170/9
x=MP=130
MP-CP=difference between both
130-100= 30
convert the difference into percent
difference/CP*100
30/100*100
30%
therefore, the MP is 30% above the CP.
HOPE IT HELPS YOU ANYWAY ...
WISH YOU A WONDERFUL DAY AHEAD
#THANK_YOU_SO_MUCH_
❇️✴️✨⭐♥️
Answered by
1
Answer:
Step-by-step explanation:
let's say cp=100
given
d=10%
p=17%
we know,
mp(100-d%)=cp(100+p)
mp(100-90)=100(100+17)
on solving,we'll get
mp=130
then
profit=sp-cp
=130-100=30
profit%=30/100*100
=30.
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